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Divgi Torqtransfer Systems Ltd

₹648.65

Divgi Torqtransfer Systems Ltd Dividend 2024 : Should Divgi Torqtransfer Systems Ltd be a part of your dividend portfolio?

Divgi Torqtransfer Systems Ltd is one of the most popular Auto Ancillaries company in the world with a market capitalisation of ₹1,984.83Cr. Its share price is ₹648.65 as on 21 June,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Divgi Torqtransfer Systems Ltd gave ₹3.35 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Auto Ancillaries stocks do not always pay a dividend but as Divgi Torqtransfer Systems Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Divgi Torqtransfer Systems Ltd has declared dividend of ₹3.35 - translating a dividend yield of 0.52%.

Let's look at Divgi Torqtransfer Systems Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Divgi Torqtransfer Systems Ltd’s revenue were ₹70.16Cr in the quarter ending March 2024. The revenuefell by -7.64% year on year basis since last quarter.
  • Divgi Torqtransfer Systems Ltd’s profits were ₹9.21Cr in the quarter ending March 2024. The profits fell by -31.52% year on year basis since last quarter.
  • Divgi Torqtransfer Systems Ltd’s dividend was ₹3.35 in the quarter ending March 2023.

Divgi Torqtransfer Systems Ltd Dividend related ratios:

  • Last dividend date: 18/05/2023
  • Current Dividend Yield: 0.52%
  • Annual dividend payment: ₹3.35

Divgi Torqtransfer Systems Ltd Dividend v/s Divgi Torqtransfer Systems Ltd Share price

History of Divgi Torqtransfer Systems Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
24/07/2023
CASH
₹3.35
18/05/2023
24/07/2023

FAQs

Divgi Torqtransfer Systems Ltd current market price is ₹648.65 per share

Divgi Torqtransfer Systems Ltd has declared dividend worth ₹3.35 in the latest quarter.

Divgi Torqtransfer Systems Ltd has declared dividend on 18/05/2023 of ₹3.35.

Divgi Torqtransfer Systems Ltd has declared dividend 1 times of ₹3.35 in the previous financial year (FY2023-2024)